Nutrition 21 receives Rite Aid order to sell Chromax product

SAN FRANCISCO (MarketWatch) -- Nutrition 21 Inc.
nxxi
said Friday it has received a purchase order from Rite Aid Corp.
RAD, +3.56%
for its Chromax chromium picolinate product, marking the first time Chromax will be sold in retail stores. Financial terms weren't disclosed. Chromax will now be distributed in more than 3,400 Rite Aid stores. Nutrition 21 said it's working to secure purchase orders and other product placement at other major retailers. "We think that our shift in business models should positively impact the company's financial results by the second half of 2006," said Nutrition 21 Chief Operating Officer Paul Intlekofer in a statement.

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